Is it hard to do Brrr investing out of state?

[Mohammed Milord]

Hi everyone,

I'm trying to get started in real estate investing out of state. I was told that is hard to do using the Brrr method because you don't have anyone to check if the contractors are working on the repairs of the property correctly. Is this true? Should I give up on  Brrr investing if I want to invest Out of State?

[Todd Rasmussen]

Quote from @Mohammed Milord:

Hi everyone,

I'm trying to get started in real estate investing out of state. I was told that is hard to do using the Brrr method because you don't have anyone to check if the contractors are working on the repairs of the property correctly. Is this true? Should I give up on  Brrr investing if I want to invest Out of State?

 It is hard, but it is also doable. Whether or not you will be successful at it is up to you.

Our property manager checks on our contractors before they get checks released to them so we have additional eyes on things. Also, you can fly to anywhere in the country in a couple hours if needed. This is a very expensive supervision option and only works if you scale so you can check out multiple properties at once. Having your contractor and your property manager being different entities is important. As you are building your team, just have clear expectations and communicate about what you are looking for and you should be able to find a team that can provide adequate checks on each other.